Hello guys
I am in need of help!
So I have received a claim form from the County Court Business Centre in regards to Lowell Portfolio, originally a debt from Vanquis.
The total debt was for £2966.29 and with added court costs and solicitors fees it now comes to £3468.59
The credit card was taken out in October 2012 and last payment was made on it around March 2017. The account went into default in December 2017.
The debt was passed from debt collector to debt collector and I have now received this claim.
My first instinct was to admit the claim and try to arrange a payment plan, but with such a small income it couldn't possibly be more than about £10 per month.
I desperately want to avoid a CCJ if possible as I have worked hard to try and get my credit back on track with only this debt remaining looming over my head.
I have acknowledged the claim on the MCOL and I did fill out the admission form and the accompanying expense form and it is clear to see that I have very little left after expenses.
My question is, am I right to send off the admission form and offer £5 per month and will they give me a CCJ anyway?
Thank you for your help guys
I am in need of help!
So I have received a claim form from the County Court Business Centre in regards to Lowell Portfolio, originally a debt from Vanquis.
The total debt was for £2966.29 and with added court costs and solicitors fees it now comes to £3468.59
The credit card was taken out in October 2012 and last payment was made on it around March 2017. The account went into default in December 2017.
The debt was passed from debt collector to debt collector and I have now received this claim.
My first instinct was to admit the claim and try to arrange a payment plan, but with such a small income it couldn't possibly be more than about £10 per month.
I desperately want to avoid a CCJ if possible as I have worked hard to try and get my credit back on track with only this debt remaining looming over my head.
I have acknowledged the claim on the MCOL and I did fill out the admission form and the accompanying expense form and it is clear to see that I have very little left after expenses.
My question is, am I right to send off the admission form and offer £5 per month and will they give me a CCJ anyway?
Thank you for your help guys
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